IAS 37 covers accounting for provisions,contingent liabilities and contingent assets.Which of these is an exception to IAS 37?
A) items resulting from executor contracts
B) construction contracts
C) items where the contract is onerous
D) retirement benefits
Correct Answer:
Verified
Q1: IAS 37 deals with situations where obligations
Q2: How should the amount of a provision
Q3: Which of these best describes the requirement
Q4: IAS 37 was introduced to reduce creative
Q5: If the conditions for a provision are
Q7: Which of these is not a contingent
Q8: IAS 37 requires a contingent liability to
Q9: Provisions are measured after the effect of
Q10: Which is IAS 37's correct definition of
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